Alphabet Net Invested Capital from 2010 to 2025
| GOOG Stock | 25.78 1.33 4.91% |
Net Invested Capital | First Reported 2010-12-31 | Previous Quarter 336 B | Current Value 281.3 B | Quarterly Volatility 52.4 B |
Check Alphabet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alphabet's main balance sheet or income statement drivers, such as Tax Provision of 11.8 B, Net Interest Income of 2.6 B or Interest Income of 2.9 B, as well as many indicators such as . Alphabet financial statements analysis is a perfect complement when working with Alphabet Valuation or Volatility modules.
Alphabet | Net Invested Capital |
Pair Trading with Alphabet
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alphabet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alphabet will appreciate offsetting losses from the drop in the long position's value.Moving together with Alphabet Stock
Moving against Alphabet Stock
| 0.85 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.81 | JNJ | Johnson Johnson CDR | PairCorr |
| 0.35 | IBM | International Business | PairCorr |
The ability to find closely correlated positions to Alphabet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alphabet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alphabet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alphabet Inc CDR to buy it.
The correlation of Alphabet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alphabet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alphabet CDR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alphabet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Alphabet Stock
Alphabet financial ratios help investors to determine whether Alphabet Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alphabet with respect to the benefits of owning Alphabet security.